Commentary

Kate Ashton, a corporate partner at law firm Debevoise & Plimpton who counsels private equity and other investment funds, recently sat down with Secondaries Investor for a Q&A on fund restructurings.

Good deals at a discount have been becoming harder to find in Europe for a while now, so what are GPs doing if they’re not playing the discount game?

More and more GPs are taking bundles of assets from expired infra funds and moving them into new, longer-dated yield-generating vehicles which they then open up to new LPs through stake sales.

A generational boom in fund liquidations could prompt an explosion in direct secondaries activity.

The firm's global head of secondaries, Andrew Hawkins, outlines ICG's strategy for making restructurings work.

A maturing secondaries market may help address some of the historic challenges preventing defined contribution retirement plans from investing in private equity.

As Ardian nears final close for its latest secondaries fund, we take a look at who’s backing its efforts and what that means for the wider industry.

Secondaries advisors are increasingly incorporating fairness opinions into GP-led restructurings, giving LPs an independent perspective while providing insurance for fund managers. Overall, fairness opinions are seen as a step in the right direction toward better representation of LPs.

If 2015 was the year of real estate secondaries, 2016 could be the year energy transactions come into their own.

Asia Growth Capital Advisors's executive chairman and founding partner Harjit Bhatia explains why Asian secondaries haven't lived up to expectations, and says LPs need to be more pushy.